Unearned income is money that people gain from interest or profit from property or investment, rather than money that they earn from a job.
Reduction in the tax on unearned income could be a boost for small businesses.
unearned income in British English
noun
income from property, investment, etc, comprising rent, interest, and dividends
unearned income in Accounting
(ʌnɜrnd ɪnkʌm)
noun
(Accounting: Financial statements, Balance sheet)
Unearned income is income that is received before it is earned by goods being delivered or services performed, or income that you do not have to work to earn, such as from property and investment.
In Britain all the self-employed earners, taken together, generate less income thanthat made from dividend payments and similar unearned income such as rent.
Unearned income is cash received in advance of earning income.
Unearned income is income that is received before it is earned by goods being delivered or servicesbeing performed, or income that you do not have to work to earn, such as income fromproperty and investment.